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Recap of Jim Cramer's radio show on Tuesday September 12. Click on a stock ticker for more analysis:

Home Depot (NYSE:HD) - Cramer does not believe that the housing sector is suffering because he sees stocks such as HD going up and explains that "homebuilding stocks are rallying furiously" due to the lowered cost of raw materials such as copper, steel, nickle and oil. He adds that there are fewer homes being built while the economy and population is growing which means lower inventory. In addition, the Fed might be finished raising rates which should help the sector.

How Low Can They Go?: British Petroleum (NYSE:BP) - Cramer uses BP as a barometer for predicting how low oil will go. Currently the company is selling at nine times next year's earnings and is growing at 13%, but this will not continue if oil goes down further. There are no prospects that BP will be taken over, says Cramer, nor can it save itself through stock buybacks because "there's too much floating out there." The only way the company could stay afloat in such a situation is to raise its dividends, but Cramer feels that this is unlikely unless there is also a threat to supply, such as a new global conflict and a sharp decline in reserves.

Overdeliver and Underpromise: Best Buy (NYSE:BBY) and Corning (NYSE:GLW) - Some suggest selling Best Buy because it "blew away its numbers" but made modest forecasts. Cramer says that the company is doing what he calls UPOD (overdeliver/underpromise) and that investors should not to get rid of this stock which has been helping GLW get rid of its excessive inventory in large screen televisions.

Revving up on Ford (NYSE:F)- Cramer says that change is doing Ford good, noting that the stock has risen to $9 because its new CEO "has a plan to offer early retirement, buy out white collar workers and cut down output by shutting down factories." Ford has hit bottom, according to Cramer, and is now a buy.

Bullish calls:

Hershey (NYSE:HSY): Cramer says that if Hershey drops down a dollar, he would be bullish on it.
Sears Holdings (NASDAQ:SHLD): This company is worth holding onto, says Cramer, adding that the stock which is at $154 is worth $170.
Panera Bread's (NASDAQ:PNRA): Although Panera had some weak patches it is "roaring back" says Cramer and is "absolutely terrific ... it is without a doubt one of the best-managed companies."
Coldwater Creek (NASDAQ:CWTR): Retail should do well right now because of falling oil prices, according to Cramer.
Apple (NASDAQ:AAPL): Adding to his comment to "just buy Apple," Cramer says that almost anything in tech is worth picking up right now.
Starwood Hotels (NYSE:HOT): Although he usually does not pick a stock based entirely on a potential takeover, Cramer notes that the fundamentals at HOT are "excellent" and it can be picked up even a couple of points higher.

Neutral/Bearish calls:

JDSU (JDSU): Cramer calls this stock "the single biggest disappointment along with Lucent (LU)" and adds that the management "has got to go."
Arch Coal (NYSE:ACI): "Everybody who owns coal and oil stocks is selling them right now," says Cramer.

More: Cramer's latest stock picks, including: Mad Money Recap, Lightening Round, Stop Trading and his Radio Show.

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